Share

Nzimande: Mine deal could curb transformation

Johannesburg - The SA Communist Party (SACP) has accused the three platinum producers, Lonmin [JSE:LON], Implats [JSE:IMP] and Amplats [JSE:AMS] of avoiding centralised bargaining and competing among themselves on payments of workers.

"All of this has resulted in chronic labour market instability," general secretary Blade Nzimande told reporters in Johannesburg on Sunday.

"To add insult to injury, the senior management have been paying themselves huge and insensitive salaries and perks."

He was speaking to media following the party's central committee meeting held over three days.

Nzimande said, while the strike in the platinum sector had to be resolved, there was a danger that any settlement reached would focus on remuneration, while issues of transformation would be sidelined.

"This will leave the initiative for and direction of restructuring in the hands of the mining monopolies. The mining houses are looking ...to close many shafts and operations... at the cost of of labour in the more profitable operations," he said.

Nzimande said it was for this reason that they were calling for a mining indaba.

He said the agenda should include discussions on how to take forward the resolution of ANC-mandated state intervention in the mining sector, as well as talks on moving towards centralised bargaining for all mining sectors and changes to the grading system in mining.

Nzimande said mining companies' pursuit of mega profits could not be allowed to continue.

A strike at Lonmin, Impala and Anglo American Platinum mines has been going on since January 23, when members of the Association of Mineworkers and Construction Union (Amcu) downed tools, demanding a basic monthly salary of R12 500.

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.22
-0.1%
Rand - Pound
23.81
-0.5%
Rand - Euro
20.50
-0.3%
Rand - Aus dollar
12.40
-0.2%
Rand - Yen
0.12
-0.1%
Platinum
913.30
-1.9%
Palladium
1,000.00
-1.5%
Gold
2,311.61
-0.7%
Silver
27.06
-0.4%
Brent Crude
87.00
-0.3%
Top 40
67,768
+0.4%
All Share
73,715
+0.2%
Resource 10
59,169
-2.9%
Industrial 25
102,630
+1.6%
Financial 15
15,811
+1.3%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders